HYATTSVILLE, MD – EJF Capital, a global alternative asset management firm with approximately $5.6 billion of assets under management, announced the completion of construction at The Bellevue, a 361-unit, multifamily development located in Hyattsville, Maryland. This is the fifth project delivered within EJF s OpZone Fund II and reflects the Firm s continued expansion into high-growth, metropolitan Qualified Opportunity Zone ( QOZ ) markets.
Developed in partnership with The NRP Group, The Bellevue is situated in one of Prince George s County s most dynamic residential corridors, a neighborhood propelled by ongoing economic development and expanded access to employment centers throughout the Washington, D.C. metro area. Long-term demand for high-quality housing in Hyattsville results from proximity to the University of Maryland, a vibrant arts district, and dynamic retail and dining options.
The newly delivered community features studio, one-, two-, and three-bedroom apartments along with a comprehensive amenity suite, including a fitness center, clubroom, co-working lounge, landscaped courtyards, and structured parking.
We are pleased to bring The Bellevue to completion as we invest in high-quality housing within supply-constrained and growing communities, said Asheel Shah, Senior Managing Director and Head of Real Estate Development at EJF. Hyattsville s strong demographic and employment trends make it a highly attractive market, and The Bellevue reflects our commitment to delivering thoughtfully designed multifamily communities with best-in-class partners.
The Bellevue joins EJF Capital s growing portfolio of multifamily and industrial developments within QOZs nationwide. Since 2018, EJF has invested in 24 multi-family and commercial developments across the country, including five completed developments in the OpZone Fund II, aligned with the firm s strategy of develop institutional-quality properties in markets positioned for sustained growth.

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ORLANDO, FL – Halstatt Real Estate Partners, a real estate private equity firm, announced the acquisition of Isles at East Millenia, a 200-unit multifamily community located in Orlando, Fla. The property was bought in partnership with GoldOller Real Estate Investments, a long-standing Halstatt partner.
Orlando continues to post exceptional job and population growth, fueled by its robust leisure and hospitality sector, said Steven Iannaccone, managing principal, Halstatt Real Estate Partners. While much of the region s new supply targets Class A renters, Isles at East Millenia meets the growing demand for quality workforce housing in one of Orlando s most dynamic submarkets. The asset s location and fundamentals make it an ideal fit for our value-add strategy.
The partnership plans to implement a comprehensive renovation program, upgrading the units that remain in original condition with new appliances, countertops, and contemporary finishes, along with exterior repainting, landscaping, and other site enhancements. This marks Halstatt s fourth value-add repositioning alongside GoldOller, which manages more than 40,000 apartment units across ten states and brings deep operational experience within the Orlando market, including more than 750 units currently under management.
Halstatt Real Estate Partners invests in value add and opportunistic real estate projects across Florida, Texas, and the Southeast, partnering with experienced sponsors to reposition assets and strengthen portfolio performance. In addition to its multifamily investments, Halstatt has been an early mover in the build-to-rent sector, with seven projects totaling more than 1,350 units across Florida, Texas, and Ohio.

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ATLANTA, GA – Forum Investment Group, a private real estate investment management firm, announced the recent acquisition of The Indigo, a newly delivered Class A, 168-unit multifamily community located in Canton, Georgia. The transaction marks Forum s first real estate acquisition in nearly five years and reflects the firm s disciplined approach to deployment and conviction that current market conditions present compelling opportunities for long-term investors.
The Indigo is situated in one of metro Atlanta s most affluent and rapidly growing submarkets, offering residents convenient access to major employment centers, top-tier schools, and a diverse mix of retail and lifestyle amenities. The property features modern design, efficient floorplans, and a comprehensive amenity package that positions it competitively within a submarket experiencing limited new supply.
Key investment highlights include:
Strategic Location: Canton and Cherokee County continue to benefit from strong in-migration, robust household incomes, and expanding employment corridors—all supporting durable long-term renter demand.
High-Quality, New Construction: Delivered recently with Class A finishes and contemporary design, the property requires minimal near-term capital investment and compares favorably to older assets in the area.
Attractive Basis: Elevated interest rates have contributed to near-term pricing dislocation, making an opportunity to buy a high-quality asset below replacement cost.
Supportive Market Dynamics: Renter demand in the region remains strong while new supply is slowing—conditions that increasingly favor well-capitalized owners.
We have been patient—by design—waiting for market conditions that align with our cycle-tested investment philosophy, said Darren Fisk, Forum Founder & CEO. Today s environment, shaped by resilient fundamentals, temporarily depressed values, and selective dislocation, represents exactly the type of moment we are built to act on. The acquisition of The Indigo reflects the kinds of opportunities we expect to see more of as the market continues to transition.

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